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Telangana to develop ride-hailing app for auto drivers

Telangana to develop ride-hailing app for auto drivers

Source : PTI | The Telangana government would develop a dedicated ride-hailing app like Uber and Ola to support auto drivers, state Transport Minister Ponnam Prabhakar said.

The auto drivers called off their planned indefinite strike from today following assurances by the state government on their various demands.

Continue reading “Telangana to develop ride-hailing app for auto drivers”

Bajaj Auto to bring 3 new products, two brands in coming months to woo new customers

Bajaj Auto to bring 3 new products, two brands in coming months to woo new customers

Source : PTI | Bajaj Auto, which on Monday rolled out the new Pulsar 125 and Pulsar 150, plans to launch three new products by mid-October and two new brands in the coming months as the auto maker seeks to cater to repeat customers as well as add new buyers, a top company executive said.

The company also sounded optimistic about the sales in the second half and the festive season. Continue reading “Bajaj Auto to bring 3 new products, two brands in coming months to woo new customers”

Europe EV market share tops 25% in July as France, Germany drive growth

Europe EV market share tops 25% in July as France, Germany drive growth

(Reuters) – Battery electric vehicle registrations in Europe continued to rise in July, with electric cars accounting ​for more than one in four new vehicles ‌sold as strong growth in France and Germany offset weaker demand in some other markets.

Battery electric vehicle, or BEV, ​registrations across 16 key European markets rose 13.6% ​year-on-year to 224,266 vehicles in July, giving fully electric cars ⁠a 25.7% market share, data from E-Mobility Europe, ​New Automotive and Fier Automotive showed. Continue reading “Europe EV market share tops 25% in July as France, Germany drive growth”

On Day 2 of drive, 1,499 auto, taxi drivers get notices over lack of working knowledge of Marathi

On Day 2 of drive, 1,499 auto, taxi drivers get notices over lack of working knowledge of Marathi

Source : PTI | On the second day of the state-wide drive, the Regional Transport Offices (RTOs) issued notices to 1,499 non-Marathi-speaking auto-rickshaw and taxi drivers across Maharashtra on Friday for not having enough working knowledge of Marathi language.

A senior official said 5,299 auto-rickshaw and taxi drivers were subjected to the language test across Maharashtra, excluding the Mumbai Metropolitan Region (MMR), of whom 777 were found to be lacking the working knowledge of Marathi. Continue reading “On Day 2 of drive, 1,499 auto, taxi drivers get notices over lack of working knowledge of Marathi”

Mahindra bets on ‘Scorpio Lifestyler’ to drive global export push

Mahindra bets on ‘Scorpio Lifestyler’ to drive global export push

Source : PTI | Homegrown auto major Mahindra & Mahindra is gearing up to intensify exports with its newly unveiled pickup targeting markets like South Africa, Australia, the Middle East, and Latin America, according to company ED & CEO, Auto & Farm Sectors, Rajesh Jejurikar.

The company, which has witnessed a multi-fold increase in its electric passenger vehicles sales last fiscal, is also confident of maintaining the growth trajectory with new products hitting the market, Jejurikar told PTI. Continue reading “Mahindra bets on ‘Scorpio Lifestyler’ to drive global export push”

Crude oil, US-Iran tensions and Fed cues to steer markets this week

Crude oil, US-Iran tensions and Fed cues to steer markets this week

Source : PTI | Crude oil prices and developments in the US-Iran conflict will remain the primary factors influencing stock market movements this week, according to analysts.

“Investors will closely monitor the Jackson Hole symposium, particularly comments from the US Federal Reserve Chairman, for indications on the future trajectory of interest rates. US GDP estimates, durable goods orders and consumer confidence will also provide important clues on the strength of the US economy and the Fed’s policy outlook,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said. Continue reading “Crude oil, US-Iran tensions and Fed cues to steer markets this week”

Assam cab operators lift blockade after Meghalaya assures safety of vehicles

Assam cab operators lift blockade after Meghalaya assures safety of vehicles

Source : PTI | Assam cab operators on Saturday suspended their blockade against Meghalaya-registered vehicles following assurances on safety after a ministerial-level meeting between the two states.

The decision was announced after a meeting between Assam Border Protection Minister Atul Bora and Meghalaya Deputy CM S Dhar, who had been entrusted by their respective governments to resolve the crisis. Continue reading “Assam cab operators lift blockade after Meghalaya assures safety of vehicles”

Odisha app-based auto, taxi drivers seek release of 354 seized vehicles after protest

Odisha app-based auto, taxi drivers seek release of 354 seized vehicles after protest

Source : PTI | Two days after violence during a protest by app-based riders here, the Smart City Online Auto-Taxi Drivers Union on Friday apologised for the inconvenience caused to the public and urged the government to release the vehicles seized by police.

In a video message, union president Dinabandhu Naik said the protesters accepted responsibility for the disruption. Continue reading “Odisha app-based auto, taxi drivers seek release of 354 seized vehicles after protest”

Hyundai Motor’s South Korean union stages first full strike in a decade over pay

Hyundai Motor’s South Korean union stages first full strike in a decade over pay

Summary

  • About 40,000 Hyundai Motor union members were expected to join Friday’s walkout
  • Walkouts have disrupted 55,200 vehicles worth over 2.3 trillion won, Yonhap estimates
  • Union seeks higher retirement age, 800% bonus, job protections
  • against AI and automation
  • Hyundai Motor said it was committed to finding solutions through ​dialogue

SEOUL, (Reuters) – Hyundai Motor’s South Korean union staged its first full ‌strike in a decade on Friday after wage talks stalled, as it seeks a higher retirement age and job protections against artificial intelligence and automation. Continue reading “Hyundai Motor’s South Korean union stages first full strike in a decade over pay”

Dutch regulator fines Uber $966 million for automating driver suspensions

Dutch regulator fines Uber $966 million for automating driver suspensions

Summary

  • Decision says Uber suspended driver accounts automatically without adequately informing them
  • Uber says it disputes some facts and size of fine and will appeal
  • Fine ​is second largest of its kind

AMSTERDAM, (Reuters) – The Dutch Data Protection Authority has fined Uber €825 million ($966 ‌million) for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters. Continue reading “Dutch regulator fines Uber $966 million for automating driver suspensions”

US highway agency expands probe into GM pickups, SUVs over engine failures

US highway agency expands probe into GM pickups, SUVs over engine failures

WASHINGTON, (Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it has upgraded and expanded a probe ​into nearly 1 million General Motors pickup trucks and SUVs over engine failures ‌that led to a recall in 2025.

The agency said it was opening an enginering analysis, a higher-level investigation than the a formal review it began this year to determine ​if the company’s fix was effective. Continue reading “US highway agency expands probe into GM pickups, SUVs over engine failures”

Explainer: What we know about the door handles that triggered China’s record auto recall

Explainer: What we know about the door handles that triggered China’s record auto recall

Summary

  • Tesla and others recall nearly 4.3 million vehicles in China
  • Recall is over electronic door handles and their use in emergencies
  • China to ban hidden door handles from 2027
  • US and Europe considering standards for electronic handles

(Reuters) – Electronic door handles of the kind that are at the center of China’s largest-ever vehicle ​recall have proliferated across the globe over the past decade, especially on electric vehicles. Continue reading “Explainer: What we know about the door handles that triggered China’s record auto recall”

Tesla and others begin record vehicle recall in China

Tesla and others begin record vehicle recall in China

Summary

  • China’s largest auto recall campaign yet concerns 4.3 million vehicles
  • Tesla to recall 2.98 million vehicles
  • China bans hidden door handles from 2027

BEIJING, (Reuters) – Tesla and eight other automakers said on Friday they will recall a total of about 4.3 million vehicles ​in China over concerns that doors may be difficult to open in an emergency, marking the country’s largest automotive recall. Continue reading “Tesla and others begin record vehicle recall in China”

Maruti Suzuki FRONX becomes the fastest SUV to clock 2 lakh exports from India in record time

Maruti Suzuki FRONX becomes the fastest SUV to clock 2 lakh exports from India in record time

  • Two lakh exports achieved in under 38 months
  • The Made-in-India SUV is being exported to close to 90 countries

New Delhi: Maruti Suzuki India Limited (“Maruti Suzuki”) today announced that its popular SUV, FRONX, has crossed the milestone of 2 lakh exports in under 38 months, becoming the fastest SUV from India to achieve this feat** . Continue reading “Maruti Suzuki FRONX becomes the fastest SUV to clock 2 lakh exports from India in record time”

China Evergrande founder sentenced to life in prison

China Evergrande founder sentenced to life in prison

Summary

  • Hui pleaded guilty to 8 charges, including fraud, bribery
  • Evergrande fined $1.3 billion, Hui’s property to be confiscated
  • Court says their crimes cause significant economic loss, social harm
  • Hui was once Asia’s richest person, Evergrande China’s top developer

HONG KONG/SHENZHEN, China, (Reuters) – The founder of China Evergrande Group, the world’s most-indebted property developer, was sentenced to life in prison by a Chinese ‌court on Thursday, five years after the firm’s collapse shook the nation’s economy and financial markets. Continue reading “China Evergrande founder sentenced to life in prison”

Chery’s robot unit eyes IPO, targets overseas market for police robots

Chery’s robot unit eyes IPO, targets overseas market for police robots

Summary

  • AiMOGA targets 10,000 global robot deliveries next year, chief Zhang says
  • Company has deployed 110 humanoid police robots across multiple Chinese cities
  • Zhang said overseas demand may be stronger in Middle East and Southeast Asia

BEIJING, (Reuters) – The robotics division of China’s largest auto exporter Chery Automobile is gearing up ​for an IPO to fund future growth and investments, its chief said on Wednesday, as competition intensifies in the country’s fast-growing humanoid robot ‌sector. Continue reading “Chery’s robot unit eyes IPO, targets overseas market for police robots”

US could cut key tariffs as part of proposed Canada deal, source says

US could cut key tariffs as part of proposed Canada deal, source says

Summary

  • Source says proposed deal cuts top-line tariff on Canadian-built autos to 15% from 25%
  • Source says proposed deal halves top-line tariffs on Canadian steel and aluminum to 25%
  • Tariffs on $20 billion of Canadian goods are scheduled to take effect on Saturday

WASHINGTON/OTTAWA, (Reuters) – The ​U.S. and Canada are closing in on a trade deal in which Washington could cut some contentious tariff rates on Canadian-built cars and trucks, ‌and key metals, a source familiar with the matter said on Wednesday. Continue reading “US could cut key tariffs as part of proposed Canada deal, source says”

LG Energy, once fixed on EV batteries, jumps to Plan B

LG Energy, once fixed on EV batteries, jumps to Plan B

Summary

  • Most of LG Energy’s North American factories are making storage batteries
  • LG’s new Michigan plant plans to produce cells for Tesla and Toyota
  • LG’s switch to energy storage from EVs requires new chemistry

(Reuters) – A few years ago, battery manufacturer LG Energy Solution was racing to make cells for electric ‌vehicles. Today, its focus has mostly flipped to a new product: energy storage batteries. Continue reading “LG Energy, once fixed on EV batteries, jumps to Plan B”

Maharashtra to videograph driver badge tests for Marathi compliance from Aug 20

Maharashtra to videograph driver badge tests for Marathi compliance from Aug 20

Source : PTI | Maharashtra Transport Minister Pratap Sarnaik on Wednesday said the entire process of verifying Marathi language knowledge while issuing new badges to auto-rickshaw and taxi drivers will be videographed from Thursday.

The measure was aimed at ensuring transparency in the implementation of the amended motor vehicle rules, making “working knowledge” of Marathi mandatory for such drivers, Sarnaik said at a press conference in Mantralaya. Continue reading “Maharashtra to videograph driver badge tests for Marathi compliance from Aug 20”

CBI registers case against BluSmart’s founders Anmol Singh Jaggi and Puneet Singh Jaggi

CBI registers case against BluSmart’s founders Anmol Singh Jaggi and Puneet Singh Jaggi

Source : PTI | The CBI has registered a case against Gensol Engineering Ltd and the founders of BluSmart EV taxi service, Anmol Singh Jaggi and Puneet Singh Jaggi, over causing alleged loss of over ₹672 crore to IREDA, officials said Wednesday.

The action comes on a complaint filed by The Indian Renewable Development Agency (IREDA), which had alleged that it extended loans to Gensol Engineering Limited and its subsidiary, Gensol EV Lease Limited, for procuring Electric Vehicles for the BluSmart EV ride-hailing service, the FIR said. Continue reading “CBI registers case against BluSmart’s founders Anmol Singh Jaggi and Puneet Singh Jaggi”

Maharashtra gives drivers time to learn Marathi before action

Maharashtra gives drivers time to learn Marathi before action

Source : PTI | The Maharashtra government would give auto-rickshaw and taxi drivers an opportunity to learn Marathi before taking action for failing to comply with the language requirement under amended motor vehicle rules, state Transport Minister Pratap Sarnaik said on Tuesday.

The government would not immediately cancel permits or licenses of drivers who do not know Marathi, Sarnaik assured, stressing that the aim was not to deprive them of their livelihood but to ensure those providing passenger transport services in Maharashtra possess a working knowledge of the language. Continue reading “Maharashtra gives drivers time to learn Marathi before action”

Delhi to introduce electric tourism buses connecting 21 heritage, spiritual sites

Delhi to introduce electric tourism buses connecting 21 heritage, spiritual sites

Source : PTI | Delhi is set to introduce two air-conditioned electric buses for tourism, with the vehicles planned to connect four curated circuits covering 21 heritage, spiritual and cultural sites across the capital, according to documents issued by DTTDC.

The Delhi Tourism and Transportation Development Corporation Limited (DTTDC) has invited bids for supplying two nine-metre air-conditioned electric buses for tourism purposes, according to the tender document.

Continue reading “Delhi to introduce electric tourism buses connecting 21 heritage, spiritual sites”

Maruti Suzuki dominates PV exports with top three models in Q1

Maruti Suzuki dominates PV exports with top three models in Q1

Source : PTI | Maruti Suzuki India Ltd on Tuesday said the top three passenger vehicle models exported from India in the first quarter of the ongoing fiscal are from its stable.

The company, which witnessed its FRONX cross the milestone of 2 lakh exports in under 38 months, said it garnered more than 55 per cent share in passenger vehicle (PV) exports from India in the first quarter.

Continue reading “Maruti Suzuki dominates PV exports with top three models in Q1”

US SEC sues former executives of collapsed auto lender Tricolor

US SEC sues former executives of collapsed auto lender Tricolor

Summary

  • SEC alleges Tricolor executives double-pledged hundreds of millions of dollars of subprime loans
  • Agency seeks disgorgement, penalties and industry bars for two of the executives
  • Former CEO’s lawyer says allegations are ​inaccurate

HOUSTON, Aug 18 (Reuters) – The U.S. Securities ‌and Exchange Commission on Tuesday sued the former CEO and two other top executives of Tricolor, the latest fallout after the collapse of the Texas-based used-car seller and subprime lender last year. Continue reading “US SEC sues former executives of collapsed auto lender Tricolor”

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet

(Reuters) – Einride AB said it expects revenue growth rate to more than double in the second half of ​the year and announced a deal to add 500 Tesla ‌Semi trucks to its fleet, sending its shares soaring 12% in early trading on Tuesday.

The Swedish freight technology company said the first Tesla Semi deployments are expected in September. Continue reading “Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet”

China’s Pony.ai plans to deploy more than 4,000 robotaxis abroad

China’s Pony.ai plans to deploy more than 4,000 robotaxis abroad

BEIJING, (Reuters) – Chinese autonomous driving company Pony.ai has a pipeline of planned and potential overseas robotaxi ​deployments of more than 4,000 vehicles, it said on Tuesday, as it ‌seeks to accelerate its expansion beyond China.

Autonomous driving firms are racing to commercialise robotaxi services overseas. Continue reading “China’s Pony.ai plans to deploy more than 4,000 robotaxis abroad”

Delhi auto union to protest at Jantar Mantar today, demand welfare board

Delhi auto union to protest at Jantar Mantar today, demand welfare board

Source : PTI | Delhi Auto Rickshaw Sangh said it will hold a protest at Jantar Mantar on Monday to demand setting up of a welfare board and highlight other transport-linked issues.

Under the umbrella organisation of Bharatiya Mazdoor Sangh, the Delhi Auto Rickshaw Sangh will gather on Monday and launch the agitation against the central and state governments. Continue reading “Delhi auto union to protest at Jantar Mantar today, demand welfare board”

Private bus operators threaten agitation over fines, fare dispute in Kolkata

Private bus operators threaten agitation over fines, fare dispute in Kolkata

Source : PTI | Private bus operators in Kolkata have threatened to launch an agitation soon, alleging that repeated cases and hefty fines imposed by police and Motor Vehicles Department officials over fare-related violations are making it increasingly difficult to run the service.

In a letter to Chief Minister Suvendu Adhikari and Transport Minister Arjun Singh recently, the Joint Council of Bus Syndicate General Secretary Tapan Banerjee said cases were being filed against buses at various places in the city on August 12 and 13, which included charging a minimum fare of ₹10 from passengers. Continue reading “Private bus operators threaten agitation over fines, fare dispute in Kolkata”

AI market correction is coming, ECB blog predicts

AI market correction is coming, ECB blog predicts

FRANKFURT, (Reuters) – A market correction to tech stock exuberance in the U.S. is likely and could have far-reaching consequences due to limits in fiscal and ​monetary policy buffers to blunt the potential economic hit, a European Central ‌Bank blog post said on Monday.

Investors have been piling into technology stocks on bets that AI will fundamentally alter the global economy, and valuations for top tech companies are now far ​above historic averages. Continue reading “AI market correction is coming, ECB blog predicts”

Uber, Zipline partner on US drone delivery for Uber Eats
Stellantis recalls 955,000 vehicles because radio software may disrupt rear-view camera

Stellantis recalls 955,000 vehicles because radio software may disrupt rear-view camera

WASHINGTON, (Reuters) – Chrysler-parent Stellantis said on Monday it ​is recalling 955,000 vehicles worldwide because ‌radio software may prevent rear-view cameras from operating properly.

The recall includes 848,000 vehicles in the United States including ​various 2026 and 2027 model year ​Chrysler Pacifica, Pacifica Plug-in Hybrid and Voyager, ⁠Dodge Charger, Jeep Cherokee, Compass, Gladiator, Grand ​Cherokee, Grand Wagoneer, Wrangler and Ram 1500, 2500 ​and ProMaster vehicles. About 107,000 vehicles are being recalled in Canada, Mexico and other markets. Continue reading “Stellantis recalls 955,000 vehicles because radio software may disrupt rear-view camera”

Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports

Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports

(Reuters) – Tesla has told employees it is gearing up for a public launch of Cybercab, ​starting with a rollout in Austin, Texas, ‌as soon as this month, the Information reported on Monday, citing people with knowledge of the plans.

Cybercab, a ​purpose-built autonomous vehicle without pedals or a ​steering wheel, is crucial to Tesla’s robotaxi ⁠ambitions, as the company is planning to ​eventually deploy the vehicle for its autonomous ride-hailing ​service. Continue reading “Tesla prepares for Cybercab launch in August starting with rides to employees, the Information reports”

US, Canada try to bridge gaps over potential autos tariff cuts, sources say

US, Canada try to bridge gaps over potential autos tariff cuts, sources say

(Reuters) – U.S. and Canadian trade negotiators were haggling over a potential reduction ​in President Donald Trump’s tariffs on Canadian vehicles to 15% after some value content deductions, ‌three sources familiar with the talks said on Monday.

The countries face a Wednesday deadline for steep new U.S. duties on $20 billion worth of other Canadian goods. Continue reading “US, Canada try to bridge gaps over potential autos tariff cuts, sources say”

Drivn signs agreement with AVG Logistics to deploy 100 electric trucks

Drivn signs agreement with AVG Logistics to deploy 100 electric trucks

Source : PTI | EV leasing platform Drivn on Friday said it has signed an agreement with AVG Logistics to deploy 100 electric trucks across the country.

The trucks will support AVG Logistics’ operations across diverse business requirements, with specific routes and corridors to be announced at a later stage, the company said. Continue reading “Drivn signs agreement with AVG Logistics to deploy 100 electric trucks”

India’s auto market nears leasing inflection as ORIX corporation eyes fleet expansion

India’s auto market nears leasing inflection as ORIX corporation eyes fleet expansion

Source : PTI | Japanese mobility solutions and financial services provider ORIX Corporation has identified India as one of its two focus growth markets globally, bullish on the prospects of vehicle leasing and rentals in the country ‘taking off’ going forward, according to its President and Group CEO Hidetake Takahashi.

The company believes that it can increase the size of its fleet in India to around 1 lakh to 1.5 lakh vehicles in the short to medium term from the current 50,000. Continue reading “India’s auto market nears leasing inflection as ORIX corporation eyes fleet expansion”

High-level panel set up to address traffic, road woes in Maharashtra’s Chakan industrial belt

High-level panel set up to address traffic, road woes in Maharashtra’s Chakan industrial belt

Source : PTI | The Maharashtra government has constituted a high-level committee to address road repairs, traffic congestion and management issues in the rapidly expanding Chakan industrial belt in Pune district, and set up a mechanism for time-bound redressal of industrial grievances.

The decision was taken in view of the growing number of industrial and commercial establishments in Chakan and adjoining industrial areas, increasing heavy-vehicle movement and population, and the anticipated expansion of industries, according to a Government Resolution (GR) issued by the state Planning Department on August 14. Continue reading “High-level panel set up to address traffic, road woes in Maharashtra’s Chakan industrial belt”

Europe emerges top destination for India’s electric car shipments in Q1

Europe emerges top destination for India’s electric car shipments in Q1

Source : PTI | Europe emerged as the top destination for Indian electric motor car shipments in the first quarter of 2026-27, with the United Kingdom ranking as the second-largest market and recording imports worth $78.7 million, compared with negligible shipments in the corresponding quarter of the previous year, according to the commerce ministry data.

India’s exports of electric motor cars surged in the first quarter of 2026-27, with export earnings rising sharply to $369 million from $22.2 million a year earlier, while shipments jumped to 10,802 vehicles from 1,309 units, reflecting growing global competitiveness of India’s electric mobility industry. Continue reading “Europe emerges top destination for India’s electric car shipments in Q1”

White House says transshipped goods cost up to $26 billion in lost tariffs
China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe

China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe

BEIJING, (Reuters) – Chinese autonomous driving firm Pony.ai ​announced on Friday ‌plans to deploy more than 2,000 robotaxis in ​Europe under an ​expanded partnership with Uber.

The ⁠collaboration, dating back ​to May 2025, is ​set to expand from the existing commercial robotaxi service ​in Croatia’s capital ​Zagreb to four unnamed cities ‌in ⁠Europe, according to a company statement. Continue reading “China’s Pony.ai, Uber to jointly deploy over 2,000 robotaxis in Europe”